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Re: 5 tycoons who want to close the wealth gap

Originally Posted by KLATTU

Yes that makes sense. I thought you were implying that employers should pay people more so they would buy stuff from other corporations, thus creating some type of cooperative shangr-la where everybody benefits.

Well, if people don't have enough disposable income to buy anything but the basic commodities, then the utilities (water, cable, electric, gas), rent/mortgage, groceries, department stores and gas stations would be the only ones making much of a profit. The economy picks up steam, when more purchases are being made all around. A stagnant or depressed economy from lack of sales, is not really good for anyone. And poorly paid employees don't have enough to buy the extra stuff.

Einstein, "science without religion is lame, religion without science is blind."

Re: 5 tycoons who want to close the wealth gap

Originally Posted by grip

Well, if people don't have enough disposable income to buy anything but the basic commodities, then the utilities (water, cable, electric, gas), rent/mortgage, groceries, department stores and gas stations would be the only ones making much of a profit. The economy picks up steam, when more purchases are being made all around. A stagnant or depressed economy from lack of sales, is not really good for anyone. And poorly paid employees don't have enough to buy the extra stuff.

Well I guess I was right . You do buy into shangri-la economics. In the real world, busineses tend to be glad if comptetitors go out of businees and don't give a Sh$t if companies in other industries do well unles it affetcs them.
Companies tend to pay workers the least amount they can get away with and still maximize profits. Before you blow a circuit , please remember that the Dodgers just paid Clayton Kershaw 215 million usiinhg that paradigm. That is the LEAST amount they thought they could pay him and guarantee he would not work elswhere. Employers don't pay based on the societal welfare.

Re: 5 tycoons who want to close the wealth gap

Originally Posted by KLATTU

Well I guess I was right . You do buy into shangri-la economics. In the real world, busineses tend to be glad if comptetitors go out of businees and don't give a Sh$t if companies in other industries do well unles it affetcs them.
Companies tend to pay workers the least amount they can get away with and still maximize profits. Before you blow a circuit , please remember that the Dodgers just paid Clayton Kershaw 215 million usiinhg that paradigm. That is the LEAST amount they thought they could pay him and guarantee he would not work elswhere. Employers don't pay based on the societal welfare.

I know how capitalism and competitive business works. And for the most part, it's an effective system but ultimately it can be destructive towards people, because it's becoming about something, other than - core valued based on human success. The whole purpose of the industrial revolution and business success models is to bring improvement to the human race. When we lose sight of that, then the whole thing is in danger of going down the crapper.

I'm not talking about destroying or completely changing the way corporations operate, merely adding a philosophy of "humans first", or I guarantee we'll either ALL float together or sink.

Athletes are like CEO's, over paid egomaniac's.

Einstein, "science without religion is lame, religion without science is blind."

Re: 5 tycoons who want to close the wealth gap

Originally Posted by grip

I know how capitalism and competitive business works. And for the most part, it's an effective system but ultimately it can be destructive towards people, because it's becoming about something, other than - core valued based on human success. The whole purpose of the industrial revolution and business success models is to bring improvement to the human race. When we lose sight of that, then the whole thing is in danger of going down the crapper.

I'm not talking about destroying or completely changing the way corporations operate, merely adding a philosophy of "humans first", or I guarantee we'll either ALL float together or sink.

Athletes are like CEO's, over paid egomaniac's.

Again- nice idea in philosphy. Won't ever work in real life( Human nature).
Capitalism was never based on "core values of human success. "
"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages”

Re: 5 tycoons who want to close the wealth gap

Originally Posted by KLATTU

Again- nice idea in philosphy. Won't ever work in real life( Human nature).
Capitalism was never based on "core values of human success. "
"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages”

Thus it was, is and always shall be.

Wrong.

Capitalism is an economic system in which trade, industry and the means of production are controlled by private owners with the goal of making profits in a market economy. It's an individually competitive system for resources, rewarding effort, education, experience and circumstance but is done in a communal setting. Governments whose duty it is to protect and ensure the domestic tranquility, rights to freedom and pursuit of happiness, would not allow capitalism in it's current form, if it were to lead to an overall decline in prosperity.

Being short sighted in this regard and claiming 'human nature' will defeat us, has to be unacceptable for our species to evolve and civilization to continue. It's still a group effort, overall.

Einstein, "science without religion is lame, religion without science is blind."

Re: 5 tycoons who want to close the wealth gap

Originally Posted by Deuce

So why do I have to overpay taxes to be in favor of higher taxes?

If you disagree with the deductions... why would you take them?

Just because other people are taking them?

The rich don't want to spend more of their money or have more of it taxed.... no, they want everyone to give more. They still keep the comparative advantage, while increasing the cost of entry and eliminating competition. Buffet is a shill for keeping the rich much richer than most. If he wasn't, why, he'd go ahead and pay the full undeducted rate.

"Political speech and writing are largely the defense of the indefensible. . . . Thus political language has to consist largely of euphemism, question-begging and sheer cloudy vagueness."
~Orwell, Politics and the English Language

Re: 5 tycoons who want to close the wealth gap

if you are in favor of higher taxes why not pay them then? why take the maximum amount. if you think that workers should be payed 15 dollars an hour then pay them 15 dollars an hour.

why do you need the federal government for force you to do it when you have that power now? the answer is simple.

buffett has no intention of ever paying higher taxes. he doesn't care it just sounds good to people like you.
the guy from amazon has no intention of paying his workers 12-15 dollars an hour or else he would already be doing it. it sounds good in a news sound byte though.

Re: 5 tycoons who want to close the wealth gap

Originally Posted by Gonzo Rodeo

If you disagree with the deductions... why would you take them?

Just because other people are taking them?

The rich don't want to spend more of their money or have more of it taxed.... no, they want everyone to give more. They still keep the comparative advantage, while increasing the cost of entry and eliminating competition. Buffet is a shill for keeping the rich much richer than most. If he wasn't, why, he'd go ahead and pay the full undeducted rate.

And if I believed in gun ownership, I'd buy a gun. But I don't personally own a gun, therefore I must be in favor of repealing the 2nd amendment.

He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear

Re: 5 tycoons who want to close the wealth gap

And if I believed in gun ownership, I'd buy a gun. But I don't personally own a gun, therefore I must be in favor of repealing the 2nd amendment.

But if you disagreed with gun ownership, you'd clearly get rid of your gun.... or be a hypocrite.

"Political speech and writing are largely the defense of the indefensible. . . . Thus political language has to consist largely of euphemism, question-begging and sheer cloudy vagueness."
~Orwell, Politics and the English Language